Your Inventory Adventure is not a Dream…

Choosing an inventory / order management software for your business can be difficult. Imagine erasing costly work hours from your busy day. That does not need to be a dream but a reality. There are numerous benefits to inventory tracking software.

For instance, QuickBooks Enterprise with Advanced Inventory can address many entities’ needs–from tracking multiple inventory sites and bin-locations to serial or lot number tracking and even simple bar code scanning. There are also 3rd-party add-ons that address more complex needs, including EDI integration, larger item or customer lists, bigger transaction volume, matrix inventory, landed costs, mobile bar code scanning, and more. Some add-ons address some of the above individual needs and some that solve for a collection of functionalities. These include ACCTivate!, Agiliron, AllOrders by NumberCruncher, Fishbowl Inventory, and InventoryControl by WaspBarcode.

No matter how much the inventory solution costs, it will pay for itself in a matter of months or less. That statement comes from our clients’ experience and it is based on fact.

Follow these guidelines to choose the appropriate solution, or even to decide whether an add-on is necessary:
(1) Analyze current and desired workflows to fully understand the business requirements; this study results in recommended courses of action, including technical software/hardware and/or changes to the accounting system workflow process.
(2) Evaluate alternative solutions, including QuickBooks Financial (QuickBooks Enterprise + Advanced Inventory) and two or more 3rd-party add-ons.
(3) Choose and implement a solution based on budget and functional requirements.

One of our principal areas of expertise is this of supply chain / inventory / warehouse management. We have taken this expertise and put it in the form of a formal course. See below for class schedules. An excellent starting point to your inventory adventure is to attend the upcoming class.

So, let’s explore inventory management adventure together!

…MARIO

MARIO NOWOGRODZKI, CPA.CITP

Mario Nowogrodzki, CPA.CITP, is founder and principal of Mendelson Consulting (www.mendelsonconsulting.com), an accounting technology firm that assists entities with planning, selecting and implementing business management systems. The firm was selected as Top Technologist by the Sleeter Group and Top Integrations Advisor by Insightful Accountant. Nowogrodzki is a member of the Florida Institute of CPAs Business Technology Section; a contributing author and speaker for Intuit, Accountex, and the Woodard Group. Contact him at mario@mendelsonconsulting.com or at 954-447-0250.